Home Depot's second-quarter net income jumped 18 percent as surging home sales drove comparable-store sales up by double digits at home and abroad. More than 100 creditors, unions and retiree groups,... more 
Home Depot's second-quarter net income jumped 18 percent as surging home sales drove comparable-store sales up by double digits at home and abroad. More than 100 creditors, unions and retiree groups, and even some residents, have filed objections to Detroit's right to file for Chapter 9 bankruptcy. This sets up what will surely be a long and bitter fight. U.S. Bankruptcy Judge Steven Rhodes will oversee a trial starting Oct. 23 to hear arguments. The stock market is opening mixed after a four-day slump.Several retailers rose sharply in early trading after reporting higher earnings. less 
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Tue, Aug 20, 2013 11:00 AM EDT